Quote from: Buffer Overflow on February 01, 2015, 09:10:37 PM

Quote from: davout on February 01, 2015, 09:05:16 PM

What's the problem with paying 10 bucks instead of 10 cents to securely transfer a million dollars?

Nothing. The problems start when you try to securely transfer 5 bucks paying 10 bucks instead of 10 cents.

Using SWIFT, gold coins, or special drawing right to transfer 5 bucks isn't very smart.
But if you really insist on it for some ideological reason, it'll be 10 bucks thank you very much.

Quote from: inBitweTrust on February 01, 2015, 09:13:20 PM

And no , I will not pay 10 usd to transfer 1 million dollars between my wallets or for every large purchase. I would rather sell all my bitcoin and work supporting an alt that offered reasonable fees.

So you're saying that there could be an alt that would allow you to benefit from the same advantages of Bitcoin, but none of its shortcomings. Please tell me how that magical alt coin might work.

Quote from: pawel7777 on February 01, 2015, 09:15:17 PM

But shouldn't the goal be to encourage activity and number of txs, so those small fees could cumulate into more significant rewards?

20 times epsilon is still not much bigger than epsilon, especially if you need to pay for 20 times the bandwidth and hard drive space.

If the blocks never fill up there can not be a sane transaction fee market supporting an abundant hashing power.

Quote from: stan.distortion on February 01, 2015, 09:15:50 PM

We're a long way from regular 5000btc transactions and we wont get there without 500btc, 50, 5... everyone seems to expect instant gratification these days, get things built up and the million dollar transactions will come but that wont happen if folks try to send $5 and have wait half a day for a confirmation, they'll give it up as a shitty little open source plaything and go elsewhere.

Nobody is expecting instant gratification, and certainly not those that are against some random change that supposedly will bring moar adopshun, more moons, more prices.

Quote from: stan.distortion on February 01, 2015, 09:15:50 PM

If dollars in miners pocket's is what you're really worried about then the exchange rate should be of more concern, how come $100 showed every sign of being sustainable but after all the good news and increased usage $200 is having a hard time? Those exchanges playing by the rules or are they trading fake coins? Not on the chain so no way of knowing.

I care about decentralization and security. Not about your inability to demand a proof of reserves.